Paytm

Paytm enters general insurance sector, acquires Raheja QBE

Leading digital payments platform Paytm along with its founder Vijay Shekhar Sharma announced the acquisition of Mumbai-based private sector general insurance company Raheja QBE, to democratize general insurance services in the country. Jul 6, 2020
China stock market

Asia shares climb as China blue chips hit five-year peak

Asian shares scaled four-month peaks on Monday as investors counted on super-cheap liquidity and fiscal stimulus to sustain the global economic recovery, even as surging coronavirus cases delayed re-openings across the United States. Jul 6, 2020
India retail market

'Small businesses may not survive prolonged crisis': Khatabook CEO predicts

During the lockdown, retail businesses have been worst hit across all regions and categories. The two worst-hit sectors automobiles and textiles have seen a noted increase in transactions by 73% and 76% respectively, post relaxation in lockdown. Culling more insights from Ravish Naresh, CEO of Khatabook here... Jul 3, 2020
Should India layoff unproductive civil servants?

Software provider Amdocs to lay off 1,000 employees: Report

According to a report in Israeli-based website Calcalist, Amdocs's quarterly earnings is around $1 billion and a huge part of it – nearly $691 million - comes from the US which is currently witnessing a coronavirus resurgence. Jul 3, 2020